01-18-2022, 08:38 PM
No, Business Insider didn't "change their prediction" - you cannot both complain abo
<!-- SC_OFF --><div class="md"><p>Sometimes you people are absurd. Right now, there's <a href="https://np.reddit.com/r/CryptoCurrency/comments/s6up4u/business_insider_a_few_months_ago_bitcoin_price/">a post</a> climbing to the top of "hot", titled </p> <blockquote> <p>"Business Insider a few months ago: “Bitcoin price to $100k”. Business Insider now: “Bitcoin's slump could be the start of a crypto winter”</p> </blockquote> <p>The OP read an article that talked about the possibility of a bear market and got really mad. That article is called</p> <blockquote> <p>Bitcoin's slump could be the start of a 'crypto winter' that sees prices crash, <strong>UBS says</strong>. Here are three reasons why.</p> </blockquote> <p>,emphasis by me (also in the following headlines). It reports on analyses by "analysts at investment bank UBS" and gives potential reasons why a bear market could be ahead. They make very clear that this is <strong>not their prediction</strong>, even in the headline. They report on stuff, they don't predict stuff.</p> <p>Okay, so OPs criticism is that BI is too negative on crypto? Nope, he critizices that "they changed their predictions" and presents some articles from a few months ago, like </p> <blockquote> <p>Bitcoin just surpassed all-time-highs, soaring above $66,000. <strong>A chief market strategist</strong> lays out why $100,000 is the next stop.</p> <p>Bitcoin to $100,000, ether to $5,000: Famed <strong>investment strategist Lyn Alden</strong> explains her bullish predictions</p> </blockquote> <p>for some of them he even fakes the headlines so they seem worse than they are: he altered</p> <blockquote> <p>Bitcoin to peak at $100,000: <strong>Influencer BitBoy Crypto</strong> shares his journey into crypto, and explains why one of the worst bear markets ever could happen after the next big run up</p> </blockquote> <p>to </p> <blockquote> <p>Bitcoin to peak at $100,000</p> </blockquote> <p>so he could make it seem like a prediction by Business Insider.</p> <p>And you know what's the worst? He cherry-picked the current article. There were articles presenting bullish opinions by analysts <a href="https://www.businessinsider.com/bitcoin-price-could-exceed-100k-in-the-next-five-years-2022-1">11 days</a> and <a href="https://www.businessinsider.com/bitcoin-price-outlook-crypto-investing-analysis-goldman-sachs-jpmorgan-bofa-2022-1">3 days</a> ago. And if you really need me to, I'll find you a few bearish articles from a few months ago.</p> <p>"Their analysis" didn't change, they never had one. They present multiple opinions and predictions to their audience and hope it's intelligent enough to make up their own opinion. Well, I guess not all of them are.</p> <p><strong>tl;dr: you always complain that the media is so biased and one-sided - but if one medium presents multiple opinions and possible scenarios across the spectrum you don't like it either. make up your mind.</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6wl7u/no_business_insider_didnt_change_their_prediction/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6wl7u/no_business_insider_didnt_change_their_prediction/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Sometimes you people are absurd. Right now, there's <a href="https://np.reddit.com/r/CryptoCurrency/comments/s6up4u/business_insider_a_few_months_ago_bitcoin_price/">a post</a> climbing to the top of "hot", titled </p> <blockquote> <p>"Business Insider a few months ago: “Bitcoin price to $100k”. Business Insider now: “Bitcoin's slump could be the start of a crypto winter”</p> </blockquote> <p>The OP read an article that talked about the possibility of a bear market and got really mad. That article is called</p> <blockquote> <p>Bitcoin's slump could be the start of a 'crypto winter' that sees prices crash, <strong>UBS says</strong>. Here are three reasons why.</p> </blockquote> <p>,emphasis by me (also in the following headlines). It reports on analyses by "analysts at investment bank UBS" and gives potential reasons why a bear market could be ahead. They make very clear that this is <strong>not their prediction</strong>, even in the headline. They report on stuff, they don't predict stuff.</p> <p>Okay, so OPs criticism is that BI is too negative on crypto? Nope, he critizices that "they changed their predictions" and presents some articles from a few months ago, like </p> <blockquote> <p>Bitcoin just surpassed all-time-highs, soaring above $66,000. <strong>A chief market strategist</strong> lays out why $100,000 is the next stop.</p> <p>Bitcoin to $100,000, ether to $5,000: Famed <strong>investment strategist Lyn Alden</strong> explains her bullish predictions</p> </blockquote> <p>for some of them he even fakes the headlines so they seem worse than they are: he altered</p> <blockquote> <p>Bitcoin to peak at $100,000: <strong>Influencer BitBoy Crypto</strong> shares his journey into crypto, and explains why one of the worst bear markets ever could happen after the next big run up</p> </blockquote> <p>to </p> <blockquote> <p>Bitcoin to peak at $100,000</p> </blockquote> <p>so he could make it seem like a prediction by Business Insider.</p> <p>And you know what's the worst? He cherry-picked the current article. There were articles presenting bullish opinions by analysts <a href="https://www.businessinsider.com/bitcoin-price-could-exceed-100k-in-the-next-five-years-2022-1">11 days</a> and <a href="https://www.businessinsider.com/bitcoin-price-outlook-crypto-investing-analysis-goldman-sachs-jpmorgan-bofa-2022-1">3 days</a> ago. And if you really need me to, I'll find you a few bearish articles from a few months ago.</p> <p>"Their analysis" didn't change, they never had one. They present multiple opinions and predictions to their audience and hope it's intelligent enough to make up their own opinion. Well, I guess not all of them are.</p> <p><strong>tl;dr: you always complain that the media is so biased and one-sided - but if one medium presents multiple opinions and possible scenarios across the spectrum you don't like it either. make up your mind.</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6wl7u/no_business_insider_didnt_change_their_prediction/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6wl7u/no_business_insider_didnt_change_their_prediction/">[comments]</a></span>Kind Regards R